Solana Listed on Nasdaq as Solaxy, the First SOL Layer-2, Raises $46M

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Solana’s Big Nasdaq Debut: Is This the Future of Crypto? 🚀💰

Ah, the NASDAQ! The place where crypto and traditional investing have been awkwardly mingling since 2025, like two distant relatives at a family reunion. On June 7, they filed a standard K-8 fund, which sounds like a fancy way of saying, “Hey, look at us! We’re adding some new friends to our crypto party!” The Nasdaq Crypto US Settlement Price Index (NCIUS) is welcoming four new guests: Cardano, Solana, Stellar Lumens, and XRP Ledger. Sorry, Bitcoin and Ethereum, but it looks like you’re no longer the only stars in this financial soap opera.

And what does this mean? Well, it could pave the way for the first-ever multi-asset crypto ETF. Yes, you heard that right! Crypto is climbing the financial ladder faster than a cat up a tree. Just to add some spice, BlackRock’s Bitcoin ETF has become the fastest ETF to reach a whopping $70 billion in total assets. Talk about a financial growth spurt!

NASDAQ Listing

When you add it all up, it’s clear that the finance world is finally waking up to the fact that there’s more to crypto than just $BTC and $ETH. Solana’s market cap is strutting around at a staggering $83.7 billion, and it’s poised to grow even more with this Nasdaq listing and the potential ETF inclusion. Who knew finance could be so exciting? 🎉

And let’s not forget about Solaxy, Solana’s first-ever Layer-2 solution, which is like giving Solana a much-needed caffeine boost. It promises to tackle those pesky issues of scalability and reliability. Because who doesn’t want their transactions to go through without a hitch?

ETFs: Kind Of A Big Deal

Now, let’s talk about ETFs, or Exchange-Traded Funds for those who enjoy long names. These are like pools of assets that let everyday investors dip their toes into the crypto waters without having to set up a wallet. Perfect for those who find the idea of a crypto wallet as daunting as assembling IKEA furniture. But wait, there’s more! Institutional investors love them too, as they help diversify portfolios. It’s like a buffet for your investments!

When $BTC and $ETH ETFs launched last year, they sent their respective prices soaring like a rocket. Currently, $BTC ETFs account for 6% of the total Bitcoin market cap, while $ETH ETFs hold 3.13%. That’s a significant chunk of change, adding some serious buying pressure. A potential multi-asset ETF from Nasdaq would do the same for any included cryptos, including our friend Solana.

Solana’s Ecosystem Set to Expand

Historically, Solana has relied on a single Rust-based validator client, Agave, which sounds like a fancy cocktail. But with over 90% of stake weight running on Jito-Solana, a fork built around MEV infrastructure, it raised some eyebrows. What if that single point of failure decided to take a vacation? Yikes!

But fear not! Several competing clients are emerging, each with their own unique flair:

  • Jito-Solana: The original MEV solution that started the validator innovation trend.
  • Firedancer: Developed by Jump Crypto, aiming for blazing-fast performance.
  • Sig: A rewrite in Zig, optimized for read-heavy workloads. Sounds fancy, right?
  • Paladin: A lightweight MEV-focused fork of Jito, designed to enhance fairness. Because who doesn’t want fairness in crypto?
  • TinyDancer: An open-source light client for mobile environments. Perfect for those on the go!

These clients represent a maturing Solana ecosystem, addressing specific limitations and contributing to greater resilience. They’re laying the groundwork for further development on a network that has seen some of the best meme coins and new crypto presales launched in recent years. And just in time for any potential ETF, we have Solaxy, the first-ever Solana Layer-2 solution!

Solaxy ($SOLX): First-Ever Solana Layer-2 for Zero Down-Time

So, why have investors poured $46 million into the Solaxy ($SOLX) presale? Because the potential for a Layer 2 solution that solves Solana’s nagging problems—like failed transactions and network congestion—is simply too great to ignore. It’s like finding a unicorn in your backyard!

Solaxy Presale

The Solaxy project combines Ethereum’s scalability with Solana’s speed and low transaction costs. The $SOLX token will be multi-chain, launching on Ethereum and bridging to Solaxy Layer-2 when fully deployed. And guess what? The Solaxy Block Explorer and Bridge are already live on the testnet. The token launch is imminent, with only six days left in the presale. Get your wallets ready!

Tokens currently cost $0.00175, but predictions show the potential for the token to hit $0.025 by the end of 2025. That’s a whopping 1300% increase! Who wouldn’t want a piece of that pie? đŸ„§

Visit the Solaxy presale page today.

Nasdaq Listing Positions Solana – and Solaxy – As Financial Cornerstones

With Nasdaq listing Solana in its crypto index and a potential ETF on the horizon, institutional demand could surge. Paired with the emergence of Solaxy, Solana is no longer just fast; it’s becoming foundational—a core part of crypto finance.

But remember, do your own research before investing; this is not financial advice. Just be aware—time’s running out to get in on the ground floor, with under a week left in the Solaxy presale. Don’t say I didn’t warn you! ⏳

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2025-06-10 11:50